Rare Multi-Generational & Income-Producing Opportunity on Nearly an Acre! Welcome to 125 Parsonage Drive, a unique property offering two separate single-level homes on a peaceful 0.87-acre lot in Elizabethton. Whether you're looking for a multi-generational living arrangement, an income-producing investment, or a private homestead with room for extended family, this property offers endless possibilities. The primary residence features 2 bedrooms, 1 full bath, beautiful hardwood floors, and an open-concept living area filled with natural light. The spacious kitchen boasts granite countertops, a center island, tiled flooring, and a gas stove. The bathroom has been tastefully updated with floor-to-ceiling tile and a stand-up shower. Outdoor living shines with a screened-in porch overlooking the above-ground pool, hot tub, and brick patio--creating the perfect setting for entertaining or relaxing. The second residence is a fully functional 2-bedroom, 1-bath home with its own kitchen, living area, washer and dryer hookups, and durable LVP flooring throughout. Currently tenant occupied, this home provides immediate income potential or could serve as an in-law suite, guest quarters, or private space for extended family. Additional features include an oversized detached garage, a large front yard, public water, and a desirable location just minutes from town while remaining outside city limits and city taxes. Properties offering this level of flexibility are hard to find. Live in one home and rent the other, accommodate multiple generations under one property, or add a valuable income stream to your portfolio. The opportunities at 125 Parsonage Drive are truly endless. Buyers/Buyers agent to verify all info.